404-445-7770
Fax: 678-496-3395

Application Process and Rental Qualifications


Please read this page carefully before completing the application. Applications must be completed online and application fees paid prior to submission for consideration.  Be certain to fax or email all required documents.  Compass Property Management Group requires all Applicants or their Agents to physically tour the home BEFORE submitting an application.


We are pledged to the letter and spirit of the U.S. Policy for the Achievement of Equal Housing Opportunity throughout the Nation. We encourage and support a program in which there are no barriers to obtaining housing because of Race, Color, Religion, Sex, Handicap, Familial Status, or National Origin.


A Completed Application Contains:


  • A completed application, including current and past residences with complete landlord information and contact numbers.  All adults (18+ y/o) intending to live in the property must be listed on the application.
  • All adults listed on the application must pay the application fee of $59. Applications will not be processed until fee is paid.  Application Fees are NON-REFUNDABLE. 
  • All Applicants or their Agents are required to physically tour the home BEFORE submitting an application.
  • To expedite your application, fax supporting documents to (877) 795-5344 or email them to Applications@CompassRent.com immediately after applying online.
    • REQUIRED DOCUMENTS:
    • Copy of a Valid Goverment issued ID
    • 2 month's most recent Pay Stubs / Proof of Income and Employment
    • Pet photo with applicant in image (if applicable)

General Rental Criteria


Rental Application: Applicants must be of legal age, eighteen (18) years and over. Everyone who will be residing in the home and if over the legal age of eighteen (18) years must submit an application and pay the application fee. All applicants must provide a valid Driver’s License, State Identification card, Military ID or US Government issued picture ID upon submission of application. In order to help us complete your application in a timely manner, we ask that you complete every section of the application. There should be no lines left blank. If a line does not apply, please fill in with N/A. If you need to call us back with more information, please do so within your 72 hour grace period. Be sure to sign the application and date it where indicated.

Occupancy Standards: Two persons maximum per bedroom plus one additional occupant permitted.

Income Requirement:  The net monthly income of all lease holder(s) will be considered jointly, and should equal 3 times the rental rate of the home. All income must be verifiable. Verifiable income includes 2 months most recent paystubs or a recent offer letter from your current employer and the previous six months personal bank statements, including the past two years most recent personal income tax returns. 

Self-Employment: Must provide the previous two year’s personal income tax return and the previous six months personal bank statements as evidence of sufficient income. Persons who hold jobs that are commission only, base salary plus commission, tips, or bonus will be considered self-employment.

Employment Verification: Lease Holder(s) must have stable and verifiable employment or, if unemployed or retired, will be considered self-employed and must meet the guidelines for self-employment.

Rental History: Up to 24 months of residency history will be reviewed and must exhibit no derogatory references (such as evictions, filings of initial evictions, or residential collections), and must have given 30 day notice to vacate to previous landlord. Any debt owed to an apartment community and/or utility company must be paid in full before the application can be approved. Forcible Entry and Detainers (Evictions) due to property damage, unpaid rent, drug use or any criminal activity will not be accepted under any circumstance. If you have no prior verifiable rental history, you will be assessed an additional fee of 1 months deposit or asked to provide a qualified Co-signer.

Credit History: Our decision is not solely based on credit, and we are able to work with many different credit situations. Any money owed to a previous landlord reported within the past 24 months is cause for denial. Credit scores between 500-600 may be subject to additional security deposit amount. Residency may also be denied due to poor credit history on scores that are below 500. Please note: You will need to provide a copy of your SSN Card in order for the background and credit check to be ran.

Co-Signer/Guarantor: A Co-Signer/Guarantor and/or additional security deposit may be required in the case of one of the following: 1) No verifiable income for full-time students; 2) Unsatisfactory credit rating; 3) Unverifiable rental history; 4) Unsatisfactory Income requirements. The Co-Signer/Guarantor must pass the same application and screening process, pay appropriate application fee, meet all the same requirements as the applicant and have a strong credit rating, verifiable income of at least 3 times the rent and their own rent or mortgage payment

Criminal History: A criminal background will be conducted on each applicant. Residency may be denied due to criminal history. (see Criminal Background Criteria)

Pets/Animals: All Pets/Animals are subject to Property Management Approval, which may be at discretion of the owner.  A pet photo must be submitted with the rental application.  Pet restrictions apply to breed type and size as well as a non-refundable pet fee of $350 for 1 pet, $500 for 2 pets. Please consider the following breeds “Unacceptable”:

  • Akita
  • Bullmastiff or Mastiff
  • Chow
  • Alaskan Malamute
  • Doberman
  • German Shepard
  • Husky
  • Presa Canario
  • Siberian Husky
  • Staffordshire Terrier
  • Wolf Dog/Wolf Hybrid
  • Bull Terrier
  • Pit Bull Terrier
  • Rottweiler
  • Any combination of these 
    or any dog that has any 
    of the above breeds linage

Service or companion animals that assist residents with special needs will always be accepted, provided documentation is submitted. A pet fee will not be charged for service or companion animal.


Application, Administrative, and Holding Fee


In order to lease a property, you will be required to pay the following fees:

  • $59 per Adult Non Refundable application fee for each application submitted

  • HOLDING DEPOSIT / SECURITY DEPOSITS - RISK BASED
  • Clients with good credit / income / references will be approved at the security deposit amount published in the listing. Those with less than perfect credit can be approved at up to a double security deposit. You are not required to pay the last month’s rent at move in. A risk mitigation admin fee will also be required.
  • CONTINGENT APPROVAL FEES - CREDIT SCORE BASED 
    All lease transactions involve risk. To mitigate this risk for both landlord and tenant, CPMG routinely inspects the condition of properties before and after each tenancy, ending most security deposit claim disputes before they begin. Offering an approval based upon total credit score below a 620 comes with even more inherent risk to the landlord and property manager. Much like with Apartment Communities, an approval can be offered even to tenants with less than perfect credit as long as they can pay the additional fee associated with their credit scores to offset the risk involved. When dealing with multiple applicants, a risk mitigation fee will be assessed based on the AVERAGE FICO score of all adults. Applicants who do not have a FICO score may be assigned a score of 500 for the purposes of determining their risk mitigation fee.

    Risk Mitigation Admin Fees for Applicants:
    Average Credit Score (all Adults)....Fee Due at Lease Signing
    620 – 850..........................................$200
    600 – 619..........................................$250
    550 – 599..........................................$300
    500 – 549..........................................$350
    300 – 499..........................................Declined 


Contingency


Compass Property Management Group does business in accordance with the Federal Fair Housing Law. (The Fair Housing Amendments Act of 1988). Agents understand that it is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or National Origin. This applies in the sale or rental of housing or residential lots. It also applies to advertising, the sale or rental of housing and the financing or appraisal process. In addition, blockbusting is illegal. To assure residents or buyers that we don’t discriminate, we display Equal Housing Opportunity posters in our office and have its logo printed on our application forms.

*By submitting this application, applicant(s) acknowledge(s) and accepts the lease application will be approved or rejected on the basis of the information above. Falsification of any information on the lease application, provided documentation, or incomplete documentation will result in a decline of the application. Applicant(s) also agree(s) to submit all documents necessary to complete the application within 72 hours of the application date. All information must be verifiable. Failure to provide the documentation will result in a declined application and forfeit of all fees paid to reserve the home.





Compass Property Management Group, LLC
1275 Shiloh Rd Suite 2950
Kennesaw, Ga 30144
Phone: (404) 445-7770
Fax: (678) 496-3395
E-mail: Rent@CompassRent.com
Copyright . Compass Property Management Group, LLC. All Rights Reserved.
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Compass Property Management Group, LLC, Property Management, Kennesaw, GA